FOOLS RUSH IN - THE INSTITUTIONAL CONTEXT OF INDUSTRY CREATION

成果类型:
Article
署名作者:
ALDRICH, HE; FIOL, CM
署名单位:
University of North Carolina; University of North Carolina Chapel Hill; University of Colorado System; University of Colorado Denver
刊物名称:
ACADEMY OF MANAGEMENT REVIEW
ISSN/ISSBN:
0363-7425
DOI:
10.2307/258740
发表日期:
1994
页码:
645-670
关键词:
SUSTAINABLE COMPETITIVE ADVANTAGE INNOVATION ORGANIZATIONS legitimacy EVOLUTION
摘要:
New organizations are always vulnerable to the liabilities of newness, but such pressures are especially severe when an industry is in its formative years. We focus on one set of constraints facing entrepreneurs in emerging industries-their relative lack of cognitive and sociopolitical legitimacy. We examine the strategies that founders can pursue, suggesting how their successful pursuit of legitimacy may evolve from innovative ventures to broader contexts, collectively reshaping industry and institutional environments.
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